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    Money the Financial System
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    Exam 28: Inflation: Causes and Consequences
  5. Question
    According to the Equation of Exchange, the Velocity of Money
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According to the Equation of Exchange, the Velocity of Money

Question 21

Question 21

Multiple Choice

According to the equation of exchange, the velocity of money is equal to


A) M/PY.
B) PY/M.
C) PM/Y.
D) MY/P.

Correct Answer:

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